Showing 1 - 10 of 314
The paper analyses the potential impact of stock market developments on lending behaviour from different perspectives. First we scrutinize the impact of stock market movements on the banks' and on the borrowers' balance sheets. Subsequently we estimate aggregate credit supply and demand...
Persistent link: https://www.econbiz.de/10010297504
Lending and borrowing interest rates are often slow to adjust to changing capital market conditions. This paper argues that national differences of the pass-through speed in the EU can be regarded as a retail-oriented indicator of financial integration. Based on an ECB database the speed of...
Persistent link: https://www.econbiz.de/10010298095
market mechanism. As a response, public instruments have been implemented to stimulate private innovation activities. The … Establishment Panel and apply various microeconometric methods to estimate the effect of public measures on innovation activities of …
Persistent link: https://www.econbiz.de/10010297450
This paper investigates whether firms innovate persistently or discontinuously over time using an innovation panel data … set on German manufacturing and service firms for the period 1994?2002. We find that innovation behaviour is permanent at … innovation experience, the results further highlight the important role of knowledge provided by skilled employees and unobserved …
Persistent link: https://www.econbiz.de/10010297493
In this paper we analyse the relationship between export and innovation activities of German service sector companies … using data from the 1997 wave of the Mannheim Innovation Panel in the Service Sector. There is a lot of support for the … Schumpeterian hypothesis of export activities being mainly driven by innovation activities. Factor endowment theories are only …
Persistent link: https://www.econbiz.de/10010297651
This paper analyses the determinants of employment reactions of firms when environmental innovations have been carried out. It differentiates hereby between employment increases and decreases. The data stem from a telephone survey covering more than 1500 firms in five European countries that...
Persistent link: https://www.econbiz.de/10010297743
rich data set. The paper shows that innovation expenditures and investments in information and communication technologies …
Persistent link: https://www.econbiz.de/10010297747
outsourcing of R&D activities to contract research organizations and its implications for innovation performance. This paper …
Persistent link: https://www.econbiz.de/10010297987
Nanomaterials are seen as a key technology for the 21st Century, and much is expected of them in terms of innovation … products. In this context, it seems all the more important for regions to put their own innovation systems in place, and to … conditions and configurations allow a regional innovation system to be competitive in a cutting-edge technology like …
Persistent link: https://www.econbiz.de/10010298075
This article examines the impact of innovation on employment growth in innovating small and medium enterprises using a … quantile regression approach. The key findings are that innovation has a positive effect on employment in both growing and … shrinking firms. The impact of innovation on employee headcounts is much stronger in companies that are already experiencing …
Persistent link: https://www.econbiz.de/10010298716